Avp, Fair Lending Analytics
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Job ID 32806
# Positions 1
Job Family Compliance - BusUnit/Product Compliance
CIT is a leading national bank focused on empowering businesses and personal savers with the financial agility to navigate their goals. CIT Group Inc. (NYSE: CIT) is a financial holding company with over a century of experience and operates a principal bank subsidiary, CIT Bank, N.A. (Member FDIC, Equal Housing Lender). The company's commercial banking segment includes commercial financing, community association banking, middle market banking, equipment and vendor financing, factoring, railcar financing, treasury and payments services, and capital markets and asset management. CIT's consumer banking segment includes a national direct bank and regional branch network. Discover more at .
This compliance position will assist the Fair Lending Officer by performing quantitative analyses to identify potential lending discrimination and describing the analyses to stakeholders. Projects will include linear and logistic regression models, comparing lending and branch distribution to peers and the market, and identifying statistically significant differences in loss mitigation outcomes between protected classes and control groups. Travel will be less than 5% of the time.
- Bachelors and/or advanced degree in a quantitative field (e.g., Statistics, Mathematics) from a reputable school, with a minimum overall GPA of 3.3, and completion of at least one course in regression modeling.
- At least four years of experience creating linear and logistic regression models using statistical software (e.g., Minitab, SAS), evaluating models, and correcting violations of model assumptions.
- Excellent verbal, written, and analytical skills, including at least four years of experience analyzing large datasets, writing advanced Excel formulas, creating pivot tables, and simplifying technical matters for non-technical audiences.
- Consistently strong work performance reviews in prior positions.
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CIT is committed to Equal Employment Opportunity. It is the policy of CIT to provide equal employment opportunities to all qualified applicants without regard to their race or perceived race (including traits historically associated with race, such as hair texture and protective hairstyles), color, national origin, nationality, ancestry, citizenship, immigration status, age), sex (including pregnancy, lactation, childbirth or related medical conditions), actual or perceived gender, gender identity, gender expression or transgender (including transgender individuals who are transitioning, have transitioned, or are perceived to be transitioning to the gender with which they identify), religion, creed, marital status, family status, domestic partnership or civil union status, affectional or sexual orientation, atypical hereditary cellular or blood trait, genetic information or predisposition or carrier status (including testing and characteristics), status as a victim of domestic violence, actual or perceived status as a caregiver,military service protected veteran status, mental or physical disability, perceived disability, record of disability, medical condition, AIDS and HIV status, or any other protected characteristic established by applicable federal, state, or local laws. If you would like more information about your EEO rights as an applicant under the law, please click here: